Inventory Management

14 July, 2015 - 15 July, 2015

Event Navigation

Inventories are materials and supplies that a business carries either for sale or to provide inputs to the production process. Hence, inventory and warehouse management plays the critical role in the planning and controlling of inventory level, speed and availability. Warehouses or distribution centre are locations where raw materials, semi finished and finished goods are stored. They represent an interruption in the flow of material and add costs to the system. A strategic integration of these two management phases along the supply and demand chains would eradicate, if not mitigate barriers and bottlenecks at the risks of customer fulfilment is threatened